Turnover
≈ €950,000 estimated
The accounts state no turnover.
PlastiKCs
Lifetime
6 annual accounts with figures on one time axispeak €294,776 (2023)
€186,073▲ 13.1%
lowest -€11,278 (2024)
€2,888▲ €12,147
peak €104,811 (2023)
€87,162▲ 3.4%
€184,080▼ 1.1%
peak 2 FTE (2025)
2 FTEunchanged
Board1 name since 2020
1 directorPanacea
Documentsfilings and deeds
02-10-202629 days before the deadline
2026abbreviated format
Gross margin from €164,558 to €186,073Back to profit: €2,888
Key points
from the 2026 annual accountsFilings
6 annual accounts 2 late
The 2025 accounts came latest: 52 days after the end of the period.
Starting capital
€2,000 100 shares
Checked score
67
Healthy
Financially stronger than 49% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.9%▲ +0.4 percentage points vs 12-2024
02-2025: 1.9%● unchanged vs 01-2025
03-2025: 2.0%▲ +0.1 percentage points vs 02-2025
04-2025: 1.9%▼ -0.1 percentage points vs 03-2025
05-2025: 1.9%● unchanged vs 04-2025
06-2025: 1.9%● unchanged vs 05-2025
07-2025: 2.0%▲ +0.1 percentage points vs 06-2025
08-2025: 2.0%● unchanged vs 07-2025
09-2025: 2.0%● unchanged vs 08-2025
10-2025: 2.0%● unchanged vs 09-2025
11-2025: 2.5%▲ +0.5 percentage points vs 10-2025
12-2025: 2.7%▲ +0.2 percentage points vs 11-2025highest value
01-2026: 1.3%▼ -1.4 percentage points vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.3%● unchanged vs 03-2026
05-2026: 1.3%● unchanged vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 1.2%▼ -0.1 percentage points vs 07-2026
09-2026: 1.2%● unchanged vs 08-2026
10-2026: 0.9%▼ -0.3 percentage points vs 09-2026lowest value
11-2026: 0.9%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
2 of the last 3 accounts late
Size: 2 FTE, total assets €296,242
Founded in 2020
lowers risk
Liquidity: current ratio 1.54, cash €88,748
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 40% of them on solvency, 61% on liquidity, 44% on profitability and 52% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,274 companies had the same profile as PlastiKCs has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PlastiKCs itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,274 companies, not a prediction for PlastiKCs. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.54 (1.69 in 2025), above the usual 1.5. Short-term debt is 61% and cash 30% of total assets. However, 70.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 02-10-2026, 29 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2026
29 days early
2025
52 days late
2024
40 days late
2023
5 days early
2022
24 days early
2021
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 5 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 26 October (4 of the last 5 accounts filed within 45 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
- THIELE & KOR PLASTICS MACHINERY BV 50 sharesdeed of 25-05-2020
- Panacea comm.v 50 sharesdeed of 25-05-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0747516840
Registered office moved from Schoten to Brecht
New registered office: Energielaan 1a Unit 12, 2960 Brecht · Previous registered office: Cederlaan 26, 2900 Schoten · Permanent representative: Kurt Callewaert · Gazette deed
Incorporation
Founding capital of €2,000, 100 shares · Founders: THIELE & KOR PLASTICS MACHINERY BV and Panacea comm.v · Appointment: Panacea comm.v (director) · published on 25-05-2020 · Gazette deed
First establishment
Energielaan 1, Brecht
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PlastiKCs Brecht | €296,242 | €186,073 | 29.4% | 2 |
| ALTERVAL BENELUX Gistel | €322,320 | €171,164 | 35.1% | 2 |
| ALEHA POWDER SOLUTIONS Antwerp | €443,565 | €279,208 | 51.4% | 2.1 |
| CREON 247 WORKSPACES Antwerp | €219,942 | €143,338 | 45.6% | 1 |
| EASY Noise Control Belgium Machelen (Brab.) | €370,269 | €202,913 | 4.9% | 1 |
| Falch Temse | €554,799 | €133,167 | 46.6% | 1.1 |
| 2Bro Trading Mol | €582,315 | €113,596 | -74.0% | 2 |
These companies have the same main activity as PlastiKCs: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €220,000 and €582,000, founded between 2018 and 2021.
Official details
Source: KBO- Status
- Active since 20-05-2020Normal situation
- Activity
- Wholesale of other machinery and equipmentNACE 46649and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 31-03-2026
- Establishment unit
- 2.302.791.9752960 Brecht, since 20-05-2020
- Financial year end
- 31 March
- Peppol
- Reachable since 27-03-2026
Annual accounts to 31-03-2026
- €296,242▼ 4.1%
- Employeeson 31-03-2026
- 2=
- Filing
- Filed on 02-10-2026, 29 days before the end of the filing period
Insights on PlastiKCs
PlastiKCs files the abbreviated format. That format states no turnover. The gross margin rose from €43,920 in 2021 to €186,073 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PlastiKCs
- What is the company number of PlastiKCs?
- The company number of PlastiKCs is 0747.516.840. The VAT number is the same number with BE in front: BE 0747.516.840.
- Where is PlastiKCs based?
- The registered office is at Energielaan 1A, 2960 Brecht.Company details
- What does PlastiKCs do?
- According to the KBO register, the main activity is wholesale of other machinery and equipment (NACE 46649).
- What is the legal form of PlastiKCs?
- PlastiKCs is a private limited company (BV).
- When was PlastiKCs founded?
- PlastiKCs was founded on 20-05-2020.
- Is PlastiKCs still active?
- Yes, PlastiKCs is an active enterprise in the KBO register.
- How many employees does PlastiKCs have?
- PlastiKCs had an average of 2 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does PlastiKCs fall under?
- In its 31-03-2026 annual accounts, PlastiKCs states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of PlastiKCs?
- The turnover in financial year 2026 is ≈ €950,000. This figure is estimated from the gross margin of €186,073 and 102 comparable companies (NACE 46). It probably lies between €450,000 and €1.7m.
- Is PlastiKCs profitable?
- In financial year 2026, PlastiKCs made a profit of €2,888.
- Where can I find the annual accounts of PlastiKCs?
- PlastiKCs filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of PlastiKCs due?
- PlastiKCs must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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